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Waterfront Renovated Quadplex
For Sale
$260,000

1261 N King Street, Hampton, VA 23669

Multi Family Residential, Over/Under, Hampton, VA

Property Size2,400 SF
Price / SF$108.33
Days on Market49

Property Features for 1261 N King Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning C1
Subdivision ALL OTHERS AREA 103
Lot features Deck
Elementary school Albert W. Patrick III Elementary
Middle school Benjamin Syms Middle
Standard status Active
Size 2,400 SF

Taxes and HOA fees

Tax Annual Amount 2738

Utilities

Water front features Waterfront

Building Details

Year built 1949
Roof type Composition
Architectural style Other
Listing Agency: Turn Key Real Estate LLC
Listed By: Laura Drummond
Added: Aug 3 Changed: Aug 29 Last Checked: Sep 20 at 12:06PM
MLS# 10647165

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,400-square-foot quadplex contains four one-bedroom, one-bath units, providing a compact multifamily configuration in a 1949-built property. Three of the four apartments have been renovated, and all units are currently leased. The building has a composition roof and is identified with C1 zoning.

The property is located at 1261 N King Street in Hampton, Virginia, with a waterfront feature identified in the listing information. Its combination of four residential units, existing occupancy, and completed renovations in most apartments creates a clearly defined multifamily asset profile.

Key Highlights

  • Four 1‑bedroom, 1‑bath units
  • 3 of 4 units renovated
  • All units leased

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Skin Care Clinic Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby

Demographics for 23669, VA

41,030
Population
17,589
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
94%
High-School Grad
12.1 sq mi
ZIP Area
3,391
Density / Sq Mi
$66,999
Median Household Income
$41,874
Median Earnings
$1,202
Median Rent
$246,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased residential income property with renovations completed in most units.
Where is this quadplex located?
The property is located at 1261 N King Street Hampton, VA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath units; 3 of 4 units renovated; All units leased
More about this property
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